For the First Time, More Money Is Going Into Solar Power Than Oil

30 May 2023 | Abstracted from CBS News

"Since 2018, far more funding has been put into clean-energy development than into fossil fuels, and the gap continues to grow. Last year saw a record $2.8 trillion invested globally into energy sector, of which more than $1.7 trillion is dedicated to clean energy.

"For every dollar invested in fossil fuels, about 1.7 dollars are now going into clean energy. Five years ago, this ratio was one-to-one..."

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